Grand Capital sees changes in shareholding structure

Updated 9/16/2021 3:02:40 PM

ArabFinanceGrand Capital for Financial Investments (GRCA) has witnessed changes in its shareholding structure as shareholder Dima Ahmed Fouad Mohamed sold her 5.41% stake in the company, for an average price of EGP 13.65 per share, according to a filing to the Egyptian Exchange (EGX).

Meanwhile, shareholder Ahmed Fouad Mohamed has raised his stake in the company to 9.72% from 4.31% after purchasing 422,000 shares at an average price of EGP 13.56, according to a separate filing.

Established in 2007, Grand Capital provides direct investments in the financial services sector.